Arcada Company, controlled by entrepreneurs Spiru Mantu and Mihai Humă, has initiated a residential project with dozens of apartments near the Central Military Hospital in Bucharest, on a plot of about 1,200 sqm purchased from the Edwards group. The company wants to build here collective housing with commercial spaces on the ground floor and a height of up to 7 floors.
Arcada Company’s business exploded in 2020, recording a double turnover compared to 2019, up to over EUR 108 million. This was the best year in the company’s history, which remained the largest constructor in Galati. During the same period, the manufacturer’s profit rose by almost 170 percent to EUR 22.8 million.
Source: Profit.ro
